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Doorsteps Toward Political and Economic Openness: Testing the North-Wallis-Weingast Transition Framework

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  • Sophia Franke
  • Marc Quintyn

Abstract

In this paper, we test the theoretical framework developed by North, Wallis, and Weingast (2009), who posit that limited-access societies need to meet three doorstep conditions before they can transit into open-access societies: (1) establishment of rule of law among elites, (2) adoption of perpetually existing organizations, and (3) political control of the military. We identify indicators reflecting these doorsteps and econometrically test their relationships with specific political and economic variables. We broadly confirm the logic behind the doorsteps as necessary conditions in the transition to open-access societies. The doorsteps influence economic and political processes, as well as each other, with varying intensities.

Suggested Citation

  • Sophia Franke & Marc Quintyn, 2014. "Doorsteps Toward Political and Economic Openness: Testing the North-Wallis-Weingast Transition Framework," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 50(4), pages 212-236.
  • Handle: RePEc:mes:emfitr:v:50:y:2014:i:4:p:212-236
    DOI: 10.2753/REE1540-496X500413
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    Cited by:

    1. Dan Bogart, 2016. "The East Indian Monopoly and the Transition from Limited Access in England, 1600–1813," NBER Chapters, in: Organizations, Civil Society, and the Roots of Development, pages 23-49, National Bureau of Economic Research, Inc.
    2. Ion Sterpan & Paul Dragos Aligica, 2015. "Transitions to Open Access Orders and Polycentricity: Exploring the Interface between Austrian Theory and Institutionalism," Advances in Austrian Economics, in: New Thinking in Austrian Political Economy, volume 19, pages 145-166, Emerald Group Publishing Limited.

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